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You have been asked to analyze 123 Main street, a mixed use property. The Potential Gross Income in the first year is $392000 with vacancy

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You have been asked to analyze 123 Main street, a mixed use property. The Potential Gross Income in the first year is $392000 with vacancy of 8% and collection looses of 1.5%. The property has property taxes, insurance and salaries of $82,000, maintenance of $43,500, depreciation of $15.700 and advertising costs of $5010. Calculate OER and enter as a Percentage to 2 decimal places

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